Watch List notes:

The Zanzibar Government, 20 rupees, 1 August 1916, red serial number perforated, blue, pale tan-orange, dhow at left, clove picking at right, ornate background detail, value in orange-brown underprint at low centre, two printed signatures of John Sinclair and Jasper Corbett Davis below, (Pick 4s, TBB B104b), in PMG holder 30 Very Fine, Court Exhibit Note, Stains, Annotations.

Estimate: $50000 - -